Business
See the Highlights from the Charles River Chamber’s Forum on Housing, Real Estate
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The Charles River Regional Chamber recently hosted a forum looking at housing production in the area, and heard from a panel of experts, as well as State Sen. Will Brownsberger. See details in the announcement below. A new Boston Indicators report, authored by Newton’s own Amy Dain, found that the law has already helped generate nearly 7,000 housing units statewide. So far that includes 203 homes completed or in the pipeline thanks to MBTA-C in Needham; 193 homes in Watertown; 158 homes in Newton; but none to date in Wellesley, according to Dain’s report.
(We believe the Watertown number of MBTA-C units is actually higher than Dain reported … Dain concludes that MBTA-C is the most effective state policy to boost housing production in years, writing that “construction is happening as a direct result.”
At the same time, she cautions that the law’s hallmark flexibility “leaves a lot of leeway for communities to embrace — or sidestep — the law’s housing goals.”but sadly not Wellesley’s.)
What’s next?



